[quote=kev374][quote=Jazzman]Currency risk is one the biggest investment risks you can take IMO.[/quote]

but isn’t remaining in the dollar a currency risk in and of itself?? The rupee has already fallen a huge amount in the past couple of years, but the dollar has still done somewhat ok but in the face of huge upcoming challenges facing the country (that everyone seems to summarily dismiss) how is the currency going to fare?

Our current debt is $17 trillion and rising, entitlement spending is set to rise due to an aging population, $1 trillion education bubble is set to pop, healthcare spending set to rise due to increased socialized healthcare, rising costs and a population getting sicker by the day as we focus on treatment rather than prevention… does not look good to me.[/quote]

Currency risk tends to apply more if you don’t live in the country like the OP wants to park money into Rupee…

Reason being is say if the price of bread is now $100 a loaf, you’d assume all wages are now inflated as well since the dollar is worthless.

For the Rupee, if the Rupee weakens like that, if you spend in Rupee, it’d be ok (maybe), but if you need to “cash out” the Rupee investment to dollars, you’ve now turned 100 dollars to say 1 dollar.

Very bad risk and I feel unless you really are insanely wealthy or know what you are doing from previous work experience, you’re better off not playing this game against other people who are much more well connected/educated/does it full time, have inside benefits, etc…